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Société Générale: EUR/USD is expected to remain in the range of 1.05-1.11 this year
Kit Juckes, chief global foreign exchange strategist at Société Générale, said that the euro is likely to remain in a relatively small range of 1.05-1.11 against the dollar this year. He pointed out that even though the market expects the Central Bank's easing policy slightly higher than the Fed, and the eurozone's economic growth lags far behind the United States, Europe and the United States have been fluctuation in this range recently. A significant change in expectations is needed to truly make the forex market Fluctuation.